Petronas willing to participate in pipelines construction in Turkmenistan

Malaysian Petronas company plans to participate in the development of the Turkmen oil and gas industry, in particular in pipelines construction, Petronas CEO Mohd Hassan Marican said at a meeting with Turkmen President Gurbanguly Berdimuhamedov. The head of the company also offered to produce sea platforms for offshore field exploration in partnership with Turkmenistan. According to the Turkmen State News Service (TDH), the head of state supported the proposals made by the company.

During the meeting, Petronas representatives said that the quota for Turkmen students studying in the higher educational establishments of Malaysia will increase from 10 to 15 people at the request of Gurbanguly Berdimuhamedov. Apart from that, the company has arranged for training of technical staff for the oil and gas industry.

Petronas was the first foreign company to start developing Turkmen Caspian shelf as part of the 25-year production sharing agreement signed in 1996 on the contract territory Block-1 covering Makhtumkuli, Ovez and Diyarbekir fields.